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KeyCorp NYSE:KEY Stock Report

Last Price

US$19.02

Market Cap

US$18.8b

7D

-0.2%

1Y

58.1%

Updated

20 Nov, 2024

Data

Company Financials +

KeyCorp

NYSE:KEY Stock Report

Market Cap: US$18.8b

KEY Stock Overview

Operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. More details

KEY fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health6/6
Dividends4/6

Rewards

Trading at 31.3% below our estimate of its fair value

Earnings are forecast to grow 95.7% per year

Risk Analysis

Profit margins (0.06%) are lower than last year (18.8%)

Dividend of 4.31% is either not well covered by earnings currently or not forecast to be covered

Large one-off items impacting financial results

Shareholders have been diluted in the past year


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Strategic Shifts And Market Expansion Positively Impacting Bank's Profitability And Growth

Key Takeaways Shift from net interest income headwinds to tailwinds and strategic deposit cost management expected to enhance revenue growth and profitability. Expansion in wealth management and commercial payments, alongside strong growth in commercial loan servicing, poised to drive noninterest income and earnings stability.
View narrative
US$19.86
FV
4.3% undervalued intrinsic discount
10.46%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
2users have followed this narrative
about 1 month ago author updated this narrative

KeyCorp Competitors

Credicorp

NYSE:BAP

US$15.4b

Fifth Third Bancorp

NasdaqGS:FITB

US$31.1b

Comerica

NYSE:CMA

US$8.9b

PNC Financial Services Group

NYSE:PNC

US$81.3b

Price History & Performance

Summary of all time highs, changes and price drops for KeyCorp
Historical stock prices
Current Share PriceUS$19.02
52 Week HighUS$20.00
52 Week LowUS$11.64
Beta1.23
11 Month Change11.29%
3 Month Change15.83%
1 Year Change58.10%
33 Year Change-20.62%
5 Year Change-2.21%
Change since IPO390.84%

Recent News & Updates

KeyCorp: Likely Limited Upside

Oct 21

Recent updates

KeyCorp: Likely Limited Upside

Oct 21

KeyCorp Q3 Preview: Interest Rate Relief Mostly Priced In

Oct 10

KeyCorp: A Loan-Driven Regional Bank With 5% Dividend Yield & Strong Capitalization

Sep 23

KeyCorp (NYSE:KEY) Will Pay A Dividend Of $0.205

Aug 14
KeyCorp (NYSE:KEY) Will Pay A Dividend Of $0.205

KeyCorp: Q2 Points To Ongoing Net Interest Income Gains

Jul 18

KeyCorp (NYSE:KEY) Is Due To Pay A Dividend Of $0.205

Jul 14
KeyCorp (NYSE:KEY) Is Due To Pay A Dividend Of $0.205

KeyCorp: Significant EPS Growth Expectations Already Priced In, Upside Seems Limited

May 08

Here's Why It's Unlikely That KeyCorp's (NYSE:KEY) CEO Will See A Pay Rise This Year

May 03
Here's Why It's Unlikely That KeyCorp's (NYSE:KEY) CEO Will See A Pay Rise This Year

KeyCorp: A Solid 6% Yield For Income Investors

Apr 22

KeyCorp's Balance Sheet Optimization Can Lift Shares

Mar 12

KeyCorp: A Stable Bank But A Hold At Current Valuations

Jan 16

KeyCorp (NYSE:KEY) Is Paying Out A Dividend Of $0.205

Jan 14
KeyCorp (NYSE:KEY) Is Paying Out A Dividend Of $0.205

KeyCorp: Solid 6% Yield, But Risks Are Growing (Rating Downgrade)

Dec 20

Finding Diamonds In The Rough: Uncovering Dividend Gems

Dec 15
Finding Diamonds In The Rough: Uncovering Dividend Gems

KeyCorp Has 4 PFDs To Pick From

Dec 06

Shareholder Returns

KEYUS BanksUS Market
7D-0.2%-0.9%-1.0%
1Y58.1%53.3%30.3%

Return vs Industry: KEY exceeded the US Banks industry which returned 53.3% over the past year.

Return vs Market: KEY exceeded the US Market which returned 30.3% over the past year.

Price Volatility

Is KEY's price volatile compared to industry and market?
KEY volatility
KEY Average Weekly Movement5.6%
Banks Industry Average Movement5.1%
Market Average Movement6.2%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market3.1%

Stable Share Price: KEY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: KEY's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
184916,734Chris Gormanwww.key.com

KeyCorp operates as the holding company for KeyBank National Association that provides various retail and commercial banking products and services in the United States. It operates in two segments, Consumer Bank and Commercial Bank. The company offers various deposits, investment products and services; commercial leasing, investment management, consumer finance; and personal finance and financial wellness, student loan refinancing, mortgage and home equity, lending, credit card, treasury, business advisory, wealth management, asset management, cash management, portfolio management, and trust and related services to individuals and small and medium-sized businesses.

KeyCorp Fundamentals Summary

How do KeyCorp's earnings and revenue compare to its market cap?
KEY fundamental statistics
Market capUS$18.83b
Earnings (TTM)US$3.00m
Revenue (TTM)US$4.85b

6,285x

P/E Ratio

1.3x

P/B Ratio

Is KEY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KEY income statement (TTM)
RevenueUS$4.85b
Cost of RevenueUS$0
Gross ProfitUS$4.85b
Other ExpensesUS$4.85b
EarningsUS$3.00m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 21, 2025

Earnings per share (EPS)0.003
Gross Margin100.00%
Net Profit Margin0.062%
Debt/Equity Ratio114.2%

How did KEY perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

25,553%

Payout Ratio